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In reply to the discussion: 50 Is the New 65: Older Americans Are Getting Booted from Their Jobs -- and Denied New Opportunities [View all]Nikia
(11,411 posts)Fear that older workers and their spouses will use more health care and increase the cost of the health insurance policy? I know that at one of my previous companies where there were 60 employees, a few heart attacks and costly chronic conditions kept our health insurance costs higher.
My father got good employment reviews and raises every year until he got prostate cancer in his early fifties. Despite having surgery to remove it all and coming back to work at full strength, management's opinion of him had changed. He ended up taking a significant demotion that was probably designed to encourage him to quit the company altogether. He continues to work there because of his accumulated vacation. They continue to employ him in his new role because he does well, while many of his coworkers don't.